NOUN TMA Solutions: ENT303 - Small Scale Business Management

Use past TMAs to deal with new TMAs and Exams
Jed
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NOUN TMA Solutions: ENT303 - Small Scale Business Management

Postby Jed » Thu Aug 09, 2018 3:24 am

NOUN TMA Solutions: ENT303 - Small Scale Business Management

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Q1 _______ generally are not useful unless they are benchmarked against something else like past performance

Ratio

Q2 The _______ statement has some limitation since it reflects accounting principles

income

Q3 A _______ is a comprehensive and coordinated plan expressed in financial terms for the operations and resources of an enterprise

Budget

Q4 _______ involves the control and manipulation of relevant variables

Planning

Q5 The size of an average business organization determines the type of _______ system to be adopted

budgetary

Q6 The concept of break even analysis deals with the contribution margin of a _______


prod uct

Q7 Break even analysis is useful in the determination of the level of _______ or in a targeted desired sales mix

p roduction

Q8 _______ is a budget designed to remain unchanged regardless of the level of activity attained

Fixed

Q9 The problem with the preparation of _______ budget is that sometimes it may be idle

labor

Q10 The _______ budget is prepared after the sales budget as it is based on sale forecast

promotion

Q11 _______ is a comprehensive and coordinated plan expressed in financial term

Budgets

Q12 Financial ratios are _______ comparisons or financial statement account or categories

mathematical

Q13 The resulting _______ expense may not be a good indicator of the economy value of the asset being used up

depreciation

Q14 _______ reduces an assets book value each year and the amount of the reduction is reported as expenses on the income statement

Depreciation

Q15 _______ information needs to be passed to the financial controllers of the company to ensure that the cost of goods or services is less than the sales price

Sales

Q16 _______ information is held by the company on their employees

Personal

Q17 _______ information is related to the performance and profit and loss of the company

Financia l

Q18 A _______ chart gives us very clear cut information which helps the management to take correct decsion

break even

Q19 The sales _______ schemes offered at the level of industrial distributors are provision of a extended credit

promotion

Q20 The _______ of the desired promotion and marketing objectives ultimately depend on the extent of the desired response received from consumers

accomplis hment

Q21 _______ generally are not useful unless they are benchmarked against something else like past performance

Ratio

Q22 The _______ statement has some limitation since it reflects accounting principles

income

Q23 A _______ is a comprehensive and coordinated plan expressed in financial terms for the operations and resources of an enterprise

Budget

Q24 _______ involves the control and manipulation of relevant variables

Planning

Q25 The size of an average business organization determines the type of _______ system to be adopted

budgetary

Q26 The concept of break even analysis deals with the contribution margin of a _______

prod uct

Q27 Break even analysis is useful in the determination of the level of _______ or in a targeted desired sales mix

produ ction

Q28 _______ is a budget designed to remain unchanged regardless of the level of activity attained

Fixed

Q29 The problem with the preparation of _______ budget is that sometimes it may be idle

labor

Q30 The _______ budget is prepared after the sales budget as it is based on sale forecast

promotion






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Jed
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Re: NOUN TMA Solutions: ENT303 - Small Scale Business Management

Postby Jed » Thu Aug 09, 2018 3:26 am

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Q31 _______ is a comprehensive and coordinated plan expressed in financial term

Budgets

Q32 Financial ratios are _______ comparisons or financial statement account or categories

mathematical

Q33 The resulting _______ expense may not be a good indicator of the economy value of the asset being used up

depreciation

Q34 _______ reduces an assets book value each year and the amount of the reduction is reported as expenses on the income statement

Depreciation

Q35 _______ information needs to be passed to the financial controllers of the company to ensure that the cost of goods or services is less than the sales price

Sales

Q36 _______ information is held by the company on their employees

Personal

Q37 _______ information is related to the performance and profit and loss of the company

Financia l

Q38 A _______ chart gives us very clear cut information which helps the management to take correct decsion

break even

Q39 The sales _______ schemes offered at the level of industrial distributors are provision of a extended credit

promotion

Q40 The _______ of the desired promotion and marketing objectives ultimately depend on the extent of the desired response received from consumers

accomplis hment

Q41 The _______ of the sales presentations can range from the canned or previously prepared presentation

flexibility

Q42 A _______ must become accomplished at performing the selling steps

sales person

Q43 The _______ adopted determines the role of personal selling in a firm

distribution

Q44 _______ selling is a highly distinctive method of promotion and makes use of oral presentation

Personal

Q45 _______ channels may be employed where the movement of goods involve heavy freight

Limited

Q46 _______ take titles to the goods and specialize in different lines of goods

Distribu tors

Q47 _______ of distribution help movement of goods from one place to another and thus create place utility

Consume r

Q48 A companys _______ decision directly affect every other marketing decision

chann el

Q49 _______ are products that are used by producers who convert them into consumables

Industria l

Q50 _______ goods are are generally purchased frequently or with little effort

Convenie nce

Q51 _______ goods are those which are used by ultimate consumers

Consumer

Q52 A _______ is the key marketing variable on which all the other marketing mix variables revolve

product

Q53 _______ constitutes barriers to demand when it is too low just as when it is too high

Price

Q54 The management has to assume some desired price and volume relationship for determining_______

price

Q55 Product _______ is a more typical of the present day economic system

differentiation

Q56 _______ is a market situation characterized by a few sellers

Oligopoly

Q57 _______ can be used as a strategic marketing variable to meet competition

Price

Q58 Executing a _______ analysis is a must for any enterprise that wants to be successful

SWOT

Q59 One of the greatest strengths of SMEs is their management _______ to a changing business environment

adaptabili ty

Q60 Weaknesses within the _______ may include an obsolete product range

microenironment






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Jed
Posts: 993
Joined: Tue Oct 10, 2017 6:37 pm
Contact:

Re: NOUN TMA Solutions: ENT303 - Small Scale Business Management

Postby Jed » Thu Aug 09, 2018 3:29 am

Solutions2tma@gmail.com
Whatsapp: 08155572788

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Q61 One of the greatest strength of SMEs is their management _______ to a changing business environment

adaptabil ity

Q62 A target market refers to a group of people or organizations at which firms direct a marketing

program s

Q63 _______ consists of people with needs to satisfy money to spend and willingness to spend it

market

Q64 A company strategy usually translates into a marketing _______

goal

Q65 _______ is the management function of anticipating the future and determining the best course of action

planning

Q66 The marketing strategy is the _______ of a marketing plan

foundatio n

Q67 Scalar chain is basically the _______ in an organization

hierarchy

Q68 The term management can often be used to mean _______

discipline

Q69 _______ management means knowing exactly what employees want to do and doing it in the best and the cheapest way

Scientific

Q70 Management is the achievement of organizational goals through people and other _______

resou rces

Q71 Management can be defined as a process by which _______ resources are combined to achieve given objectives

scarce

Q72 A _______ is the key marketing variable on which all the other marketing mix variables revolve

product

Q73 _______ constitutes barriers to demand when it is too low just as when it is too high

Price

Q74 The management has to assume some desired price and volume relationship for determining_______

price

Q75 Product _______ is a more typical of the present day economic system

differentiation

Q76 _______ is a market situation characterized by a few sellers

Oligopoly

Q77 _______ can be used as a strategic marketing variable to meet competition

Price

Q78 Executing a _______ analysis is a must for any enterprise that wants to be successful

SWOT

Q79 One of the greatest strengths of SMEs is their management _______ to a changing business environment

adaptabili ty

Q80 Weaknesses within the _______ may include an obsolete product range

microenironment

Q81 Functional level decision usually determines actions requiring minimal company_______

cooperation

Q82 Characteristics of a strategic management decision vary with the level of _______ activity considered

strategic

Q83 Basic Economics teaches that _______ is only a one sided story of market phenomena

supply

Q84 Firms became known in certain markets for certain products with certain _______

character istics

Q85 Strategic issues involve the allocation of large amount of company _______

resources

Q86 A strategy reflects a companys awareness of how to _______ against whom when where and for what

compete

Q87 _______ management is defined as the set of decisions taken in formulation at implementation of strategies

Strateg ic

Q88 Small Manufacturing Enterprise engage in activities that do not involve complex_______

technolog ies

Q89 _______ enterprises do not necessarily sell goods rather they provide services

Service

Q90 The difference between the purchase price and the selling price constitute the _______

profit






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Whatsapp: 08155572788

Stay informed when you download our app
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Jed
Posts: 993
Joined: Tue Oct 10, 2017 6:37 pm
Contact:

Re: NOUN TMA Solutions: ENT303 - Small Scale Business Management

Postby Jed » Thu Aug 09, 2018 3:36 am

Solutions2tma@gmail.com
Whatsapp: 08155572788

Stay informed when you download our app
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Q91 _______ is one of the commonest business activities in Nigeria today

trading

Q92 Because of their size small business employ simple _______ that is easy to acquire

technology

Q93 At a much higher level a business can be run as a _______ limited liability

private

Q94 Ownership structure is a criterion that can be used to _______ between a small and big business

distingui sh

Q95 Managing is concerned with _______

productivit y

Q96 The functions carried out by managers are commonly referred to as _______ functions

managerial

Q97 Management in terms of analyzing _______ needs with a view to bringing out a product or services

customers

Q98 Some managers help others to perform their _______

respon sibilities

Q99 Whatever position you find yourself in an organization you will feel the presence of _______

manageme nt

Q100 One of the most important activity of human beings is _______

management

Q101 _______ generally are not useful unless they are benchmarked against something else like past performance

Ratio


Q102 The _______ statement has some limitation since it reflects accounting principles

income

Q103 A _______ is a comprehensive and coordinated plan expressed in financial terms for the operations and resources of an enterprise

Budget

Q104 _______ involves the control and manipulation of relevant variables

Planning

Q105 The size of an average business organization determines the type of _______ system to be adopted

budgetary

Q106 The concept of break even analysis deals with the contribution margin of a _______

prod uct

Q107 Break even analysis is useful in the determination of the level of _______ or in a targeted desired sales mix

produ ction

Q108 _______ is a budget designed to remain unchanged regardless of the level of activity attained

Fixed

Q109 The problem with the preparation of _______ budget is that sometimes it may be idle

labor

Q110 The _______ budget is prepared after the sales budget as it is based on sale forecast

promotion

Q111 _______ is a comprehensive and coordinated plan expressed in financial term

Budgets

Q112 Financial ratios are _______ comparisons or financial statement account or categories

mathematical

Q113 The resulting _______ expense may not be a good indicator of the economy value of the asset being used up

depreciation

Q114 _______ reduces an assets book value each year and the amount of the reduction is reported as expenses on the income statement

Depreciation

Q115 _______ information needs to be passed to the financial controllers of the company to ensure that the cost of goods or services is less than the sales price

Sales

Q116 _______ information is held by the company on their employees

Personal

Q117 _______ information is related to the performance and profit and loss of the company

Financia l

Q118 A _______ chart gives us very clear cut information which helps the management to take correct decsion

break even

Q119 The sales _______ schemes offered at the level of industrial distributors are provision of a extended credit

promotion

Q120 The _______ of the desired promotion and marketing objectives ultimately depend on the extent of the desired response received from consumers

accomplis hment





Solutions2tma@gmail.com
Whatsapp: 08155572788

Stay informed when you download our app
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Jed
Posts: 993
Joined: Tue Oct 10, 2017 6:37 pm
Contact:

Re: NOUN TMA Solutions: ENT303 - Small Scale Business Management

Postby Jed » Thu Aug 09, 2018 3:39 am

Solutions2tma@gmail.com
Whatsapp: 08155572788

Stay informed when you download our app
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Q121 The values are the family _______

cultur e

Q122 Family business that lacks multigenerational_______ can hardly be positional to the retain the competitive advantages

leaders hip

Q123 Agreed values are important to the next generation in_______ how the family work together

supportin g

Q124 There is a classic line that many parents repeat when a_______ acts inappropriately

child

Q125 The family value sets the internal _______ of behavior so that members will want to expect from each other

standar d

Q126 Values are_______ to each family representing a narrative about how their behavior makes them successful

unique

Q127 Family values are in many ways attempt to_______ who they are

express

Q128 A family business believe and value start with the_______

founder

Q129 Family values are a source of_______ advantage to many successful businesses

competitive

Q130 When family _______ are extended into the business they provide a powerful source of strength

value s

Q131 Some distinctive assets of family business include all except

know ledge

Q132 One of the characteristics of a family business is their long term _______

sustaina bility

Q133 _______ defined by behavior embedded in a business as a result of the leadership provided by family members

Culture

Q134 Control refers to the right and _______ family members derive from significant ownership and governance of the agency relationship

responsibi lities

Q135 In economics large and small family own business creates significant amount of wealth and _______

value

Q136 The measure of a business is based on risk taking innovation and _______

proactivnes s

Q137 _______ refers to the resources and capabilities that emerge when the family and the business coexit within the family business

familiness

Q138 Different businesses may have different _______ and means of doing business

mot ivation

Q139 The social capital theory addresses the_______ and exchange between individuals in a social network

interaction

Q140 The _______ theory is a theoretical approach that was used in the shcolarly study of family business

model

Q141 One of the greatest strength of SMEs is their management _______ to a changing business environment

adaptabil ity

Q142 A target market refers to a group of people or organizations at which firms direct a marketing

program s

Q143 _______ consists of people with needs to satisfy money to spend and willingness to spend it

market

Q144 A company strategy usually translates into a marketing _______

goal

Q145 _______ is the management function of anticipating the future and determining the best course of action

planning

Q146 The marketing strategy is the _______ of a marketing plan

foundatio n

Q147 Scalar chain is basically the _______ in an organization

hierarchy

Q148 The term management can often be used to mean _______

discipline

Q149 _______ management means knowing exactly what employees want to do and doing it in the best and the cheapest way

Scientific

Q150 Management is the achievement of organizational goals through people and other _______

resou rces




Solutions2tma@gmail.com
Whatsapp: 08155572788

Stay informed when you download our app
https://play.google.com/store/apps/deta ... m.nounites

Jed
Posts: 993
Joined: Tue Oct 10, 2017 6:37 pm
Contact:

Re: NOUN TMA Solutions: ENT303 - Small Scale Business Management

Postby Jed » Thu Aug 09, 2018 3:42 am

Solutions2tma@gmail.com
Whatsapp: 08155572788

Stay informed when you download our app
https://play.google.com/store/apps/deta ... m.nounites



Q151 Management can be defined as a process by which _______ resources are combined to achieve given objectives

scarce

Q152 A _______ is the key marketing variable on which all the other marketing mix variables revolve

product

Q153 _______ constitutes barriers to demand when it is too low just as when it is too high

Price

Q154 The management has to assume some desired price and volume relationship for
determining_______

price

Q155 Product _______ is a more typical of the present day economic system

differentiation

Q156 _______ is a market situation characterized by a few sellers

Oligopoly

Q157 _______ can be used as a strategic marketing variable to meet competition

Price

Q158 Executing a _______ analysis is a must for any enterprise that wants to be successful

SWOT

Q159 One of the greatest strengths of SMEs is their management _______ to a changing business environment

adaptability

Q160 Weaknesses within the _______ may include an obsolete product range

microenironment

Q161 Functional level decision usually determines actions requiring minimal company_______

cooperation

Q162 Characteristics of a strategic management decision vary with the level of _______ activity considered

strategic

Q163 Basic Economics teaches that _______ is only a one sided story of market phenomena

supply

Q164 Firms became known in certain markets for certain products with certain _______

character istics

Q165 Strategic issues involve the allocation of large amount of company _______

resources

Q166 A strategy reflects a companys awareness of how to _______ against whom when where and for what

compete

Q167 _______ management is defined as the set of decisions taken in formulation at implementation of strategies

Strateg ic

Q168 Small Manufacturing Enterprise engage in activities that do not involve complex_______

technolog ies

Q169 _______ enterprises do not necessarily sell goods rather they provide services

Service

Q170 The difference between the purchase price and the selling price constitute the _______

profit

Q171 _______ is one of the commonest business activities in Nigeria today
Transacting

trading

Q172 Because of their size small business employ simple _______ that is easy to acquire

technology

Q173 At a much higher level a business can be run as a _______ limited liability

private

Q174 Ownership structure is a criterion that can be used to _______ between a small and big business

distingui sh

Q175 Managing is concerned with _______

productivit y

Q176 The functions carried out by managers are commonly referred to as _______ functions


managerial

Q177 Management in terms of analyzing _______ needs with a view to bringing out a product or services

customers

Q178 Some managers help others to perform their _______

respon sibilities

Q179 Whatever position you find yourself in an organization you will feel the presence of _______

manageme nt

Q180 One of the most important activity of human beings is _______

management





Solutions2tma@gmail.com
Whatsapp: 08155572788

Stay informed when you download our app
https://play.google.com/store/apps/deta ... m.nounites


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